ECMS: The Engine Driving India's New Electronics Era

India’s Electronics Components Manufacturing Scheme (ECMS) has received an overwhelming response from industry, with investment proposals totaling Rs 1.15 lakh crore — nearly double the initial target of Rs 59,350 crore, according to Union Minister for Electronics and IT Ashwini Vaishnaw.

Launched with an outlay of Rs 22,805 crore, ECMS is designed to strengthen India’s electronics components ecosystem by encouraging domestic production, attracting investment, and generating employment.

Key Highlights:

Proposed production output: Rs 10.34 lakh crore, exceeding the original target of Rs 4.6 lakh crore

Proposed employment: Over 1.41 lakh jobs, surpassing the goal of 91,600, Highest investments: Mobile and IT hardware sectors, Highest number of applications: Electromechanical components

MSME participation: Over 60% of applicants are Micro, Small, and Medium Enterprises

The government is expediting application evaluation on a first-come, first-served basis and has urged state governments to extend support by improving the ease of doing business.

Industry stakeholders have hailed ECMS as a transformational initiative, positioning India as a key player in the global electronics manufacturing value chain.

News by Rahul Yelligetti.